Business Operations Analyst

At Piper Sandler, we connect capital with opportunity to build a better future.

We believe that diverse teams with unique backgrounds, skills and experiences yield more innovative solutions. This is reflected in our commitment to engage, hire, and retain bright, committed people to work in partnership within an inclusive environment that allows each person to achieve personal success and add value to our teams and communities.

Piper Sandler is seeking a Business Operations Analyst to join our Trade Services group within Operations at our Minneapolis, MN headquarters.

This role is pivotal in bridging business needs with technology solutions to improve efficiency, enhance client experience, and ensure regulatory compliance. The Business Analyst will collaborate across operations, technology, compliance, and finance teams to support the full trade lifecycle, operational workflows, and strategic initiatives.

Responsibilities

• Act as the Business Analyst for logging tasks and functions for various operations and industry related projects, as well as initiatives to streamline processes and workflows, by creating efficiencies, automation and reducing risk and exposure to the Firm.
• Work in partnership with the sales and trading in the management of fails; instituting process changes to improve efficiency, productivity and profitability while reducing the rate of exceptions and increasing straight through processing.
• Collaborate with development teams to ensure successful design, testing, and deployment of system enhancements. Create and execute test plans; perform UAT for new features and integrations.
• Support projects and reporting related to FINRA, SEC, and other regulatory requirements. Ensure operational processes align with internal controls and compliance policies.
• Run various established monthly/quarterly expense allocation models, which includes running queries against database tables/views to extract pertinent information.
• Participate in industry initiatives, system upgrades and regulatory changes through user acceptance testing, user advisory and quality assurance.
• Learn functions for other desks within the group to maintain a support network model and understanding of interdependencies of process transfers.
• May run and prepare routine financial reports and analyses.
• May assist in preparation of monthly performance reporting for management, which help measure operational efficiencies and identify areas for improvement.
• Perform additional tasks, responsibilities and projects as assigned.

Qualifications

• 4-year degree in Accounting/ Business/Finance/Economics.
• 2-4 years of Financial Industry work experience, preferably within the Broker Dealer Operations group.
• Strong understanding of the trade lifecycle for equities, fixed income, and/or other securities.
• Familiarity with clearing, settlements, and reconciliations.
• Prior experience with Data Visualization Tools (Microsoft Power BI, Tableau, SQL Server Reporting Services)
• Basic understanding of SQL and workflow documentation tools (e.g. Visio).
• Individual will be working in a team environment, which requires interaction with various levels of staff and management.
• Must constructively deal with pressure and time sensitive deadlines, be multi-tasked oriented, and be able to take work direction from various sources.
• Other skill set requirements include excellent problem-solving skills, organizational skills, and proficiency in Microsoft Office products (especially Excel, Word, and Access).
• FINRA Series 99 or other relevant licenses a plus.

Please note: This role allows for hybrid work flexibility but three days in the office will be required.

As a leading investment bank, we enable growth and success for our clients through deep sector expertise, candid advice and a differentiated, highly productive culture.

Our human capital, technology, marketing and other corporate support teams work with our business partners to maximize each employee. We understand the dynamic nature of the industry and work alongside our company strategies. Learn more about our firm here.

Piper Sandler values a strong culture dedicated to the emotional and physical well-being of our employees. Learn more about our commitment to our employee's health, well-being, our benefits program and how we are here for our employees and their families today, tomorrow and beyond here.

The anticipated starting salary range for individuals expressing interest in this position is $70,000 - $90,000 per year. Placement within this range is dependent upon level of experience, location and other factors. This position is eligible for annual incentive compensation which will be a part of the total compensation. Total compensation for this position will be competitive with the market.

All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, gender identity, national origin, disability, age, marital status, status as a protected veteran or status with regard to public assistance.

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